European VC deal value roughly flat quarter on quarter

Headhunters Calibre One published their regular state of the market briefing yesterday and it shows that investment levels in Europe have been roughly flat at just under $1bn per quarter since the credit crunch hit a couple of years ago. The US, in sharp contrast, has had a rockier ride, but is still sees 3x+ the level of activity we see here.

When you look at the country by country breakdown within Europe we see that the UK still dominates with France not too far behind these days (tax incentives that encourage retail investment into venture capital funds have brought a lot of money into the French market). Also notable are the declines in the German and Irish markets.